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FOX News
Jul 7, 2012 10:00am EDT
worried. >> brenda: gary b, what does history show us about back to back recessions? >> well, i looked at all the recessions for the la 60 years, because, that's the kind of exciting guy i am. [laughter] >> and i know. >> and especially, especially, fascinating stuff going on, in the house olds. and we've never seen a double dip recession, brenda, unless unemployment hits the peak of the previous recession. total unemployment. including those people stopped looking for work, et cetera, et cetera, 16%, which of course is extraordinarily high. how we're down off a peak and saw the unemployment figure friday, 8.2% and translates into 13% or so, we could go back up there. you know, i mean, todd makes the doom and gloom case for certain. and my gut tells me we're just going to limp alongside ways and we won't get there. therefore, there there will not be a double dip recession. >> susan, a slow recovery or an actual recession? >> it's not time yet. because there's a difference between slow growth and we still could have growth versus a stalled economy versus an actual recession so we
FOX News
Jul 7, 2012 7:00am PDT
, for everything you mentioned above and look where is the catalyst to pull us out of it. right now things are bad, dire, sentiment is down and consumer confidence that's down. you can take your pick, the house balance sheet that's estimated. we're in recession and never got out of the last one and it's going to continue for some time. >> brenda: toby you're near silicon valley and things look different. >> the world has fallen and never gets up and misses a couple of parts here. and we're not in good shape and whether it's a recession or not, it feels like a recession, the energy belt, god blows, new york, et cetera, are not. if you look at the labor report almost 6% of jobs came from business services and of that, about half were temporary jobs, so, guess what? the biggest i've ever seen, people if they're going to hire are going to hire with temps because they don't know what the costs are going to be in six months and that's the thing that has me worried. >> brenda: gary b, what does history show us about back to back recessions? >> well, i looked at all the recessions for the l
FOX News
Jul 28, 2012 10:00am EDT
for recession right now. and everybody that i follow and we use say we're on this track, do you this, we're on recession. >> and jonas, the economy is barely crawling, you really can't say it's growing right now. but do you think that renewing the tax cuts for everyone at the cost of raising the deficit is the right thing to do? >> first of all, we have end the economy crawling along and don't know how much at this point. we can't afford to extend these to any group. the mish-mash, and even if they go away and this cliff happens next year and the forced spending cuts don't end up either, we'll still be running a deficit even with the high tax rates, which means we're still in the stimulus program. the worst case is the stimulus program and no plan to actually close the deficit, you know, substantially with either tax increases and spending cuts anyway, so, i don't think it's as bad as it is and i don't think any group deserves a major break in this clip to worry about, we're all in it together at this point. we could use a small tax break. >> and basically, isn't it considered, would
FOX News
Jul 21, 2012 10:00am EDT
, all of this great money that marjie is talking about, investing in science education has gotten us zero. >> brenda: jonas is this that important as to say, tax cuts, this kind of spending when you're looking at the overall deficit, trillions. >> no, i think we're forgetting what caused the bigger gaps. by and large, yeah, they're wasting money, no question about it. but, all of them combined don't add up to just the payroll tax, that's 97 billion dollars or 93 billion dollars we don't have the dough for that's just deficit spending, it's more than the pet projects to get through and the ones proposed combined and it's going to have to be closed, and i will say at this point, the government is borrowing such a low rate, that we have little wiggle room, compared to greece and italy. we have to have a plan to close them in five years, not overnight, we can't do it forever, it's a stimulus program largery from tax cuts and increased spending and closed on both sides not just a few solar loans. >> brenda: toby, is this sinking us deeper in debt? how successful has stimulus been so far i
FOX News
Jul 21, 2012 7:00am PDT
us, eric, i'll see you back here tomorrow. >> see you in the morning. >> news finds the job market is still struggling. now, new calls from the the white house, pushing to keep billion for science and math teachers. this on top of the $2.7 trillion the government has september -- sent this year. will more stimulus stimulate the economy or sink the job market even more. hi, everyone. i'm brenda but neither. this is bulls and bears. here they are the bulls and bears this week. thank you all and welcome to everybody. larry, does the economy need more stimulus to get jobs back? >> brenda, when will we learn our lesson? despite countless efforts for the government to stimulate the economy we have seen little in the way of results. it is littered with failed government expenditures, and it is sinking us further and further into debt. we have sill linda, $5 million that could have been spent on math and science initiatives. we have wasteful spending. this is not solving the problem. even venture capitalists know they have a low success rate of the they were doomed from the start. >> it ha
FOX News
Jul 28, 2012 7:00am PDT
there and get great free wings at hooters location, join us on the after the show show. >> see you tomorrow. >> the economy slowing, consumers bumming. more u.s. companies warning and d.c. doing nothing. will the economy be stuck in uncertainty also lawmakers agree to prevent a massive tax hike? hi, i'm brenda buttner, this is bulls and bears. >> let's get to it. here they are the bulls and bears this week, we've got gary b smith. jonas max father ris and, gary b, no recovery until we see tax cuts for everyone? >> that's what it feels like, brenda. it's just not a personal opinion, look at the number of companies who have come out this past week and warned that earnings are likely to be down or flat because of uncertainty and in fact, brenda, better be listen to companies that haven't warned. we have mcdonald's, we have ford, we have sisco, we have apple, we have starbucks and it's like a who's who of the fortune 500, now, and those companies obviously are across the board different sectors, different industries, tech, you know, consumer goods, all across. everyone is saying the sa
FOX News
Jul 14, 2012 7:00am PDT
brand new chevy buyers. neil and his crew are wondering where the money back guarantee is for us taxpayers still on the hook for that bailout. that's at the bottom of the hour. but up here next, with temperatures heating up, corn crops are burning up, as you hit the grocery store, is your cash back. >> and good morning, everyone, live from america's news headquarters, i'm jamie colby. take a live look at andrews air force base, in minutes, president obama is set to head off another day of campaign events in virginia and expected to push his plan to let tax cuts expire for americans making over $250,000. it was issue number one in his weekly internet address. ohio senator rob portman delivered the g.o.p. message. >> 98% of american families won't see their income taxes go up at all, but the other 2% of americans will have to pay a little more on taxes on anything they make over $250,000. >> raising taxes on jobs creators during a job shortage makes as much sense cutting off a water supply during a drought. >> tough times for america, stay tuned to fox where the news on the campaig
FOX News
Jul 14, 2012 10:21am EDT
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Search Results 0 to 7 of about 8